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Greece to build €100m F1 track


Andy_Bangle
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Want to know where your tax money/the € bailout has gone :ffs:

Greece to spend almost €100m on building F1 track - Telegraph

Someone should tell the Greeks that:

A) you have to pay Bernie handsomely for the privilege of hosting one of his races (30m+)

B) Bernie owns the trackside advertising rights

and

C) Bernie owns the TV rights, so you can't make a bean out of that either?

Seems the same genii who got Greece into the **** are still running the show.

The new F1 circuit in Istanbul, which was lauded by drivers and spectators alike (as it is wide and thus allows overtaking), now sits unused due to CVC hiking their fee so high that Turkey refused to pay.

Edited by Andy_Bangle
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It's Spain that really gets me. I can't help but look at the UK contribution to EU subsidiaries on infrastructure and how much Spain gets from us.

Basically, we send them (via the EU), £150m a year to build roads and nice new buildings. I've tried to understand it but I can't. Baffles me.

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Oh don't start me off about the Foreign Aid Budget :ffs: Cameron PLC has planed to increase it from £7.5bn in 2010-11 to £10.5bn in 2014-15.

An investigation into overseas aid by The Sunday Telegraph revealed how £1.4 billion, one-sixth of DfID’s budget, is diverted to the EU for its own schemes - many of them in relatively wealthy countries that the UK no longer believes should receive aid.

Among the findings are:

* £800,000 out of the EU aid budget is being spent on a water park being built in Morocco by the French owners of Center Parcs

* Another hotel in northern Morocco is receiving a further £650,000 for an energy efficiency scheme.

* Iceland has received £20 million from an EU fund subsidised by British aid. The funding is to prepare Iceland for EU membership - even though two-thirds of the country no longer wish to join

* The Department for International Development (DFID) paid almost £500million last year to consultants!

* Paying £6million to the University of Cape Town to investigate mental health issues in southern Africa

* DFID spent more than £20million last year on hotels, including many five-star ones.

In all, Morocco, which Britain considers too wealthy to receive bilateral aid, is given about £120 million a year out of the EuropeAid budget - with about £18 million of that contributed through DfI. :ffs:

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* Iceland has received £20 million from an EU fund subsidised by British aid. The funding is to prepare Iceland for EU membership - even though two-thirds of the country no longer wish to join

It;'s not up to them, though.

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